Dollar advances against dong on black market

By Dat Nguyen   September 25, 2026 | 09:02 pm PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Dollar advances against dong on black market
U.S. dollar banknotes are seen in this illustration taken March 24, 2026. Photo by Reuters
The U.S. dollar rose against the Vietnamese dong on the black market Saturday morning.

Unofficial exchange points sold the greenback at VND26,000, up 0.27% from Friday. Vietcombank kept its rate unchanged at VND26,170.

Globally the dollar declined on Friday as oil prices eased, but was set for a second straight weekly advance on growing rate hike bets, while the yen rallied after Japan said Tokyo and Washington remain steadfast to the stance behind July's joint intervention, Reuters reported.

The dollar was on track to snap a four-day streak of gains ‌as crude prices slumped more than 2%.

"We've had a pretty aggressive rally in the dollar over the last couple of days and maybe it's a little stretched, just taking a little breather. So ⁠I wouldn't really say that the dollar is really weakening materially today," said Eugene Epstein, head of trading and structured products at Moneycorp in Stamford, Connecticut.

"It's just a combination of those factors that you have not only a slight increase in odds of a second hike before year-end, but also just general bond yields going up and the market getting a bit concerned about that, so that's really what we have, what's been driving the dollar stronger overall."

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